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Strategies & Market Trends : DAYTRADING Fundamentals
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To: - who wrote (499)6/11/1999 3:23:00 PM
From: TraderAlan  Read Replies (3) of 18137
 
"Long-bond remains under pressure amid rumors the Fed was poised to call an emergency meeting to make a pre-emptive tightening, and on growing concern that hedge fund, Tiger Management, will face significant redemptions by the end of June"

If this isn't a Friday in summer, I don't know what is. Nothing like a 1% rise in retail sales to trigger an emergency Fed meeting <g>.

The credit markets have better liars than equities.

Alan
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